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does florida laws require landlords to pay interest on security deposits for a residential lease?

December 24th, 2011 shearie Posted in Residential Lease Agreements No Comments »

Question by LISA B: does florida laws require landlords to pay interest on security deposits for a residential lease?

Best answer:

Answer by GuruSteve
Yes, interest must be paid on security deposits.

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SCRA-question about breaking a residential lease?

December 20th, 2011 shearie Posted in Residential Lease Agreements 1 Comment »

Question by : SCRA-question about breaking a residential lease?
I am a landlord and my current tenants are a spouse of an active service member and her cousin. The service member’s spouse decided to live with her cousin for a year because she was not permitted to go with him on this assignment. Her husband finished the assignment early and now she wants to break her lease because she is permitted to live with him wherever he will be stationed next. My question is, does the Servicemember’s Civil Right Act apply in this situation since her husband’s name is not On the lease?

Best answer:

Answer by Equality
No it does not. He is not on the lease so the Service Members Act does NOT apply

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I have a residential lease in NH if i lost my job could I use that as a financial hardship to break the lease?

December 12th, 2011 shearie Posted in Residential Lease Agreements No Comments »

Question by nogames9280: I have a residential lease in NH if i lost my job could I use that as a financial hardship to break the lease?

Best answer:

Answer by V.T.V.RAM
The rental lease and employment are independent of each other. You cannot break terms of rental lease by using loss of job as a tool !

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I am 1 year into a 3 year residential lease. I want to break the lease. What is the best way out?

December 8th, 2011 shearie Posted in Residential Lease Agreements 4 Comments »

Question by CDMC: I am 1 year into a 3 year residential lease. I want to break the lease. What is the best way out?

A few extra details….
We want to break the lease because we want to buy a house. Our landlord has not been the cooperative type thus far.

Best answer:

Answer by MJ
Why does no one ever think to talk to the landlord first? Perhaps he will cut a deal with you depending upon why you need to leave. A lease is a contract and you have legal obligations under it. You don’t give enough information here for someone to accurately inform you of the process, but I would suggest you contact legal counsel in your area; perhaps legal aid, if you can’t afford a private attorney, and see what your options are. It’s not that easy to “break” a lease without cause. However, if you have a justifiable reason (notice I didn’t say legal), and your landlord is an understanding type, he may work a deal with you where you are not financially responsible for remaining two years under lease.

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What would house prices be like if it was illegal to rent/lease them out as residential properties?

December 4th, 2011 shearie Posted in Residential Lease Agreements 2 Comments »

Question by Steph: What would house prices be like if it was illegal to rent/lease them out as residential properties?
What would the property market look like if it was prohibited to buy houses in order let them out as residential properties? Not just nationally, but perhaps continentally or even globally?

Just a hypothetical question.

Best answer:

Answer by RockIt
The supply of available houses for renters would decline.

This would cause the price of rental prices to rise (demand exceeds supply)

Rent prices often drive housing values. So, as rental prices rise, housing prices would rise also, as the demand for homes for sale rises in the face of rising rental prices.

There are other forces at work though possible: the effect of empty homes in the neighborhood generally causes prices to fall (supply exceeds demand), and so, prices for homes for sale could drop.

We want an efficient market for sale and rent, so restricting the marketplace and consumers is generally a bad idea. Let the market dynamics work this out.

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will my residential lease hold me bound to it if it expired a year ago in Pennsylvania?

November 30th, 2011 shearie Posted in Residential Lease Agreements 2 Comments »

Question by jIMMY J: will my residential lease hold me bound to it if it expired a year ago in Pennsylvania?

Best answer:

Answer by Joshua R
No after a year you should be going month to month. Now you land lord can raise the rent but you will need a new lease.

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Suggestions to save money on my first court date regarding residential eviction?No lease?

November 26th, 2011 shearie Posted in Residential Lease Agreements No Comments »

Question by waseem: Suggestions to save money on my first court date regarding residential eviction?No lease?
I have my first court date of eviction later this month and I need suggestions to save some money on this entire process please help. I am a landlord and living in virginia.

Best answer:

Answer by sophieb
If you are a landlord and legally renting your home (in some places you can’t rent a home as it’s against the city ordinance) then you should have an attorney “on call”. You need an attorney to represent you to work for you. Sure people get evicted every day but to enforce that to be assured you’d get your money back in the future you’d need an attorney to work for you. To gain you must invest.

If you had an attorney “on call” then all you’d do is tell him/her the basics over the phone and they’d do the entire process for you, from having the sheriff making sure the tenants get out to a lien on anything those people own in the future to make sure you get your money.

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Breaking a Residential Lease?

November 22nd, 2011 shearie Posted in Residential Lease Agreements 3 Comments »

Question by KrazyK: Breaking a Residential Lease?
I know about foreign/ownership laws so I will never outright try to buy a house. Instead I am wondering about leasing options.

I figure this would be the best way to rent a house for a few years considering the area I want to reside in does not have many
house rentals available.

What would the consequences, repercussions, fee’s apply to me
If I were to break say a 15 to 30 year lease there after a few years?

Best answer:

Answer by ? allan y
you get thrown out as a tenant. the moment you break a single provision of a contract, the landlord could have you in the streets after due notice.

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Can You Break Your Residential Lease if you have job relocation?

November 18th, 2011 shearie Posted in Residential Lease Agreements 4 Comments »

Question by cheekspeanut: Can You Break Your Residential Lease if you have job relocation?
I am traveling 40 to 50 min to work and I need to move closer to my job

Best answer:

Answer by Bobby D
It should be clearly stated in your lease agreement. Check the fine print, if you can’t find it, try calling your landlord.

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what is the statute of limitations on residential rental lease’s in the state of arizona?

November 14th, 2011 shearie Posted in Residential Lease Agreements No Comments »

Question by justtrytobenice: what is the statute of limitations on residential rental lease’s in the state of arizona?
if i lived in a apt in 1992… and skipped out on the rent, leaving the primary leasee to apy who also skipped out… can they leagaly come after me for back rent? details and statute numbers please.

Best answer:

Answer by reenzz
Yes, once a judgment has been entered against you for unpaid rent, it can be collect for up to 10 years…and then can be renewed for another 10.

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